Sharp sells Kameyama North Factory assets to Topia for JPY 1.2bn

Sharp Corporation announced the transfer of fixed assets, including land and buildings, from its Kameyama North Factory to Topia Co., Ltd., a company specializing in product development and small-batch part fabrication. The sale, effective via an agreement signed August 29, 2025, and transferring on September 25, 2025, is valued at JPY 1,200 million against a book value of JPY 573 million.

This divestment aligns with Sharp's asset-light initiatives, aiming to improve its financial position and refine its business portfolio to focus on brand-centric operations. Topia Co., Ltd., established in 1973 with JPY 86 million in capital, is headquartered in Suzuka-shi, Mie, and is led by chief executive Hideki Sasaki. There are no disclosed capital, personnel, or business relationships between Sharp, its subsidiaries, and Topia.

As a direct result of this transaction, Sharp anticipates recording a gain on the sale of non-current assets amounting to JPY 484 million in its consolidated financial results for the second quarter of the fiscal year ending March 31, 2026.